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State Bank of Fairmont
✓ FDIC-insured · Active FDIC Certificate #8541
State Bank of Fairmont is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Fairmont, Minnesota, established in 1917. As of the 06/30/2026 FDIC call report, it reported $154M in total assets and $139M in deposits. FDIC location data lists 1 office in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company WEB INC (Fairmont, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
State Bank of Fairmont's only FDIC-listed office is in Minnesota. Browse banks in Fairmont for other local options.
Branch locations
| State Bank of Fairmont State Bank Of Fairmont · Full Service - Brick And Mortar | 918 E Blue Earth Ave Fairmont, MN 56031 Map ↗ |
Holding company: WEB INC
The FDIC lists WEB INC, based in Fairmont, MN, as the top holding company for State Bank of Fairmont. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to State Bank of Fairmont's $154M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Cornerstone State Bank | Montgomery | $247M | 7 |
| First Farmers & Merchants National Bank | Luverne | $243M | 2 |
| Center National Bank | Litchfield | $243M | 3 |
| Arcadian Bank | Hartland | $242M | 3 |
| BANKWEST | Rockford | $240M | 3 |
| United Farmers State Bank | Adams | $234M | 3 |
| Security State Bank of Marine | Marine On St. Croix | $233M | 4 |
| The Wanda State Bank | Wanda | $230M | 2 |
State Bank of Fairmont: common questions
Is State Bank of Fairmont FDIC-insured?
Yes. State Bank of Fairmont is an active FDIC-insured institution, FDIC Certificate #8541. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is State Bank of Fairmont headquartered?
State Bank of Fairmont is headquartered at 918 E Blue Earth Ave, Fairmont, MN 56031, according to FDIC records.
How many branches does State Bank of Fairmont have?
FDIC location data lists 1 office for State Bank of Fairmont, all in Minnesota.
Who owns State Bank of Fairmont?
The FDIC lists WEB INC of Fairmont, MN as the top holding company for State Bank of Fairmont.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.